3 Bed Semi-Detached House, Planning Permission, Chelmsford, CM1 2NQ, £620,000

Highfield Road, Chelmsford, CM1 2NQ - 1 views - 3 months ago

Sold STC
Planning
~93 m²
+21 photos

ValuationOvervalued

Sold Prices£202K - £925K
Sold Prices/m²£2.1K/m² - £6K/m²

 

 

Square Metres

~93 m²
Price/m²£6.7K/m²

Value Estimate

£365,357

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£155,000

Stamp Duty & Legal Fees

£38,300

Total Cash In

£193,300

 

 

Cash Out

 

Rent Range

£1,450 - £1,900

Rent Estimate

£1,450

Running Costs/mo

£2,248

Cashflow/mo

£-797

Cashflow/yr

£-9,570

Gross Yield

3%

Local Sold Prices

50 sold prices from £202K to £925K, average is £345.1K. £2.1K/m² to £6K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£335K04/210.11 mi37, Pines Road, Chelmsford, Essex CM1 2EY3
£355K06/230.11 mi49, Pines Road, Chelmsford, Essex CM1 2EY3
£430K11/200.18 mi71, Chignal Road, Chelmsford, Essex CM1 2JA3
£345K05/210.21 mi72, Avon Road, Chelmsford, Essex CM1 2JZ3
£320K03/210.23 mi27, Clyde Crescent, Chelmsford, Essex CM1 2LJ3
£331K05/210.27 mi35, Thames Avenue, Chelmsford, Essex CM1 2LN3
£355K10/210.27 mi49, Thames Avenue, Chelmsford, Essex CM1 2LN3
£370K12/220.28 mi49, Queensland Crescent, Chelmsford, Essex CM1 2DZ3
£300K09/210.29 mi6, Wellington Close, Chelmsford, Essex CM1 2EE3
£343K05/210.3 mi53, Avon Road, Chelmsford, Essex CM1 2JX3
£202K08/230.3 mi1, Derwent Way, Chelmsford, Essex CM1 2LP3
£325K08/210.3 mi11, Beachs Drive, Chelmsford, Essex CM1 2NJ3
£327.5K06/210.31 mi32, Canberra Close, Chelmsford, Essex CM1 2EF3
£312K05/210.31 mi22, Thames Avenue, Chelmsford, Essex CM1 2LW3
£375K06/230.34 mi20, Langton Avenue, Chelmsford, Essex CM1 2BS3
£330K03/230.34 mi74, Langton Avenue, Chelmsford, Essex CM1 2BS3
£377K11/210.36 mi8, Warwick Square, Chelmsford, Essex CM1 2AJ3
£455K02/230.37 mi48, Roxwell Avenue, Chelmsford, Essex CM1 2NX3
£380K08/210.41 mi8, Park Avenue, Chelmsford, Essex CM1 2AA3
£500K12/200.41 mi2, Park Avenue, Chelmsford, Essex CM1 2AA3
£320K06/210.41 mi14, West Avenue, Chelmsford, Essex CM1 2DE3
£295K12/200.44 mi8, Pan Walk, Chelmsford, Essex CM1 2HD3
£382.5K01/230.46 mi45, Pennine Road, Chelmsford, Essex CM1 2HG3
£325K03/230.46 mi6, Pennine Road, Chelmsford, Essex CM1 2HG3
£300K06/230.46 mi146, West Avenue, Chelmsford, Essex CM1 2DF3
£318K02/230.46 mi98, West Avenue, Chelmsford, Essex CM1 2DF3
£465K03/230.48 mi139, Chignal Road, Chelmsford, Essex CM1 2JD3
£365K04/230.48 mi26, Cherwell Drive, Chelmsford, Essex CM1 2JL3
£407K06/210.48 mi19, Riddiford Drive, Chelmsford, Essex CM1 2GB3
£385K03/230.48 mi28, Ridgewell Avenue, Chelmsford, Essex CM1 2GA3
£330K06/210.49 mi9, Scotts Walk, Chelmsford, Essex CM1 2HB3
£295K04/210.49 mi7, Scotts Walk, Chelmsford, Essex CM1 2HB3
£365K11/210.49 mi33, Dixon Avenue, Chelmsford, Essex CM1 2AQ3
£370K05/230.49 mi27, Dixon Avenue, Chelmsford, Essex CM1 2AQ3
£335K01/210.52 mi9, North Avenue, Chelmsford, Essex CM1 2AL3
£925K07/230.54 mi30, Rainsford Avenue, Chelmsford, Essex CM1 2PJ3
£300K12/220.55 mi39, Cheviot Drive, Chelmsford, Essex CM1 2EX3
£315K01/210.55 mi63, Cheviot Drive, Chelmsford, Essex CM1 2EX3
£330K11/200.56 mi58, Wicklow Avenue, Chelmsford, Essex CM1 2HQ3
£335K11/200.56 mi6, Kirklees, Chelmsford, Essex CM1 2AG3
£305K09/210.57 mi66, Salerno Way, Chelmsford, Essex CM1 2EH3
£390K11/210.57 mi14, St Nazaire Road, Chelmsford, Essex CM1 2EQ3
£345.2K12/220.59 mi55, St Nazaire Road, Chelmsford, Essex CM1 2EG3
£346K06/230.6 mi2, Arthur Court, Chelmsford, Essex CM1 4NE3
£380K03/210.61 miWest Warren Cottage, Roxwell Road, Writtle, Chelmsford, Essex CM1 3RU3
£300K04/210.61 miEast Warren Cottage, Roxwell Road, Writtle, Chelmsford, Essex CM1 3RU3
£460K01/230.61 mi57, South Primrose Hill, Chelmsford, Essex CM1 2RF3
£525K02/210.62 mi4, Maltese Road, Chelmsford, Essex CM1 2PA3
£515K02/230.63 mi2, Ravensbourne Drive, Chelmsford, Essex CM1 2SJ3
£390K10/200.64 mi39, Primrose Hill, Chelmsford, Essex CM1 2RH3

Local Rents

25 rents from £1.4K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,70012/230.15 mi-3
£1,70012/230.15 mi-3
£1,80004/240.16 miChignal Road, Chelmsford3
£1,67504/250.24 mi-3
£1,45004/240.24 miPines Road, Chelmsford3
£1,45005/240.24 miPines Road, Chelmsford3
£1,80004/240.27 miDene Court, CHELMSFORD3
£1,80005/240.27 miDene Court, CHELMSFORD3
£1,45004/240.31 mi-3
£1,45003/240.31 miCanberra Close, Chelmsford, CM13
£1,55004/240.32 mi-3
£1,50002/250.32 mi-3
£1,55004/240.32 miThe Green, Chelmsford, CM13
£1,55003/240.34 miLangton Avenue, Chelmsford3
£1,49503/240.39 miMelbourne Avenue, Chelmsford3
£1,50005/240.41 miMelbourne Avenue, Chelmsford, CM13
£1,50005/240.41 miMelbourne Avenue, Chelmsford, CM13
£1,50004/240.46 miPennine Road, Chelmsford3
£1,50004/240.46 miPennine Road, Chelmsford3
£1,55005/240.47 miScotts Walk, Chelmsford3
£1,70003/240.49 mi-3
£1,70004/240.5 mi'The Hylands', Rainsford Road, CITY CENTRE, Chelmsford, CM1 2PD3
£1,78004/250.51 mi-3
£1,90012/240.54 mi-3
£1,57503/240.56 miWicklow Avenue, CHELMSFORD3

Local Area Statistics

Population in CM1

62,617

Population in Chelmsford

174,693

Town centre distance

0.83 miles away

Nearest school

0.30 miles away

Nearest train station

0.99 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £620,000

January 27, 2025

Floor Plans

Description

  • No Onward Chain +
  • Planning permission has been granted to convert the property into a five-bedroom, two-bathroom house. +
  • Extended 3 double bedroom semi detached house +
  • Perfect family home +
  • Walking distance to the city centre and station +
  • Kitchen/Breakfast room +
  • Highly sought after established road +
  • Garage and off road parking +
  • Close to riverside walks +

Highfield Road is regarded as one of Chelmsford's prime residential turnings on the highly favoured and convenient West side of the city centre. The extended accommodation has been thoughtfully configured for family living and entertaining with open plan reception spaces and three well-proportioned bedrooms. Externally there is a drive leading to a single garage and a 50ft east facing garden with the property being sold with no onward chain.

The property is approached from the front via a solid front entrance door leading to a welcoming entrance hall with stairs rising to the first floor with under stairs storage cupboard. Running the length of the house is the sitting/dining room, offering two defined reception spaces, feature fireplace, bay window and double doors opening to the garden. To the rear of the house is a bright and spacious kitchen/breakfast room providing a range of modern eye and base level units with space for appliances and external access to the garden. Off the kitchen is a small lobby leading to the cloakroom and garage. To the first floor there are three bedrooms and a family bathroom. The main bedroom is located to the front of the house and enjoys an attractive bay window.

Planning permission has been approved for a comprehensive transformation of the property into a five-bedroom, two-bathroom house. The proposed layout includes a luxurious master suite, two additional well-proportioned bedrooms, and a spacious open-plan living area at the rear of the property. The plans also feature a utility room for added convenience and a versatile office or playroom to accommodate varying lifestyle needs.

Agent Details

haart, Chelmsford

01245 945473

Next Steps?

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